DR Horton, Inc. (DHI) and ArcelorMittal (MT) Stocks with High Institutional Ownership

Elias Hubbard
November 18, 2017

DHI's value Change from Open was at 0.13% with a Gap of -0.36%. (DHI) most recent 13F filing, the company has 60 new institutional holders - accounting for 19.42 million shares of its common stock. Also, Director Michael W. Hewatt sold 2,000 shares of the business's stock in a transaction that occurred on Thursday, November 16th.

In case of Revenue Estimates, 14 analysts have provided their consensus Average Revenue Estimates for DR Horton Inc.as 3.23 Billion. RBC Capital Markets maintained D. R. Horton Inc (NYSE:DHI) rating on Monday, March 21. The profitability rank of the company is 8 (out of 10). It also upped Abbvie Inc (NYSE:ABBV) stake by 4,400 shares and now owns 627,533 shares. LLC now owns 11,450 shares of the construction company's stock valued at $396,000 after acquiring an additional 67 shares during the last quarter. Exxonmobil Invest Mngmt Tx has invested 0.06% in D. R. Horton Inc (NYSE:DHI). Institutional investors and hedge funds own 81.12% of the company's stock.

Insider Trading Activity for D.R. Horton, Inc. Ameritas Investment Partners Inc. now owns 8,210 shares of the construction company's stock valued at $283,000 after acquiring an additional 111 shares during the last quarter.

A number of research firms recently commented on DHI. Analysts reported that the Price Target for DR Horton Inc. might touch $62 high while the Average Price Target and Low price Target is $47.52 and $35 respectively.

Equity analyst Buckingham Research raised the price target on November 10 boosting the projection from $39.00 to $44.00 and issued a "Neutral" rating. BidaskClub raised D.R. Horton from a "sell" rating to a "hold" rating in a research note on Monday, August 14th.

On November 10 the stock rating was downgraded to "Hold" from "Buy" by analysts at Zelman & Associates. Of those analysts, 7 rate stock as a Strong Buy, 6 rate it as Hold, and just no analyst rates it as a Moderate Sell. The company now has an average rating of "Buy" and a consensus target price of $44.06. The stock traded volume of 3.47 million shares during its recent trading session while it's an average volume stands around 4.13 million shares. Beta factor, which is used to measure risk associated with the stock, was 1.27. The firm has a market cap of $17,780.00, a PE ratio of 17.45, a PEG ratio of 1.37 and a beta of 1.28. The construction company reported $0.82 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.86 by ($0.04).

For the last quarter D.R. Horton Inc reported a revenue of $4.2 billion, compared with the revenue of $3.7 billion during the same period a year ago. In the previous year there have been a total of 25 insider trades, including 0 open market buys and 25 sells.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Moreover, Andra Ap has 0.1% invested in D. R. Horton Inc (NYSE:DHI) for 112,100 shares. The ex-dividend date is Thursday, November 30th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.04%. The stock appeared $14.48 above its 52-week highs and is up 9.58% for the last five trades. The stock was sold at an average price of $36.11, for a total transaction of $144,440.00. Following the completion of the sale, the director now owns 6,000 shares in the company, valued at approximately $287,160. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. A lower P/B ratio could mean that the stock is undervalued. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,000 shares of company stock worth $852,580.

COPYRIGHT VIOLATION NOTICE: This report was originally posted by Week Herald and is owned by of Week Herald. It dived, as 45 investors sold D. R. Horton Inc shares while 183 reduced holdings. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015.

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